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Benzinga
Benzinga
Business
Chris Katje

General Motors, Ford Hit Record EV Deliveries In Q3: Tax Credit Expiration Or Lasting Growth?

Ford General Motors GM General Motors Co United States electric vehicle Tesla Inc.
GM.Ford.Shutterstock

Ford Motor Co (NYSE:F) and General Motors Co (NYSE:GM) both reported record electric vehicle sales in the third quarter. While this could be good news for the growing adoption of EVs in the U.S., the big question is how much of the growth was tied to the expiration of the $7,500 federal tax credit.

F stock is trading at elevated levels. Follow the breaking news here.

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